The Space Foundation is a global, nonprofit advocate for the advancement of space-related endeavors to inspire, educate, connect, and advocate for the global space community. We develop objective space awareness for government, industry, and the public, and we are a...

A contractor’s Chart of Accounts must be set up to track unallowable costs separate from any direct or indirect cost pool per FAR 31.205. For direct unallowable/unbillable costs, contractors need to develop a coding system to identify allowable direct costs separate...

The Defense Contract Audit Agency (DCAA) and the Defense Contract Management Agency (DCMA) require government contractors to use the Accrual method as opposed to the cash method of accounting, per FAR (48 CFR) 53.209-1(f) SF 1408 Pre-Award Survey of Prospective...